The Asia Pacific Electric Vehicle (EV) Battery Housing Market would witness market growth of 13.5% CAGR during the forecast period (2023-2030).
The primary function of EV battery housing is to protect and contain the lithium-ion batteries within a secure and robust enclosure. This protection is essential to keep external elements like water, dust, and debris from affecting the battery pack's integrity and safety. Energy-efficient thermal management is critical for lithium-ion batteries to operate safely and effectively. EV battery housing incorporates advanced thermal management systems, including cooling and heating elements, to regulate the temperature within the battery pack. This helps prevent overheating during charging and discharging cycles, contributing to the longevity of the batteries and ensuring safe operation.
Ongoing innovations in materials and design aim to reduce the weight of electric vehicle battery housing. Lightweight materials, including advanced composites and high-strength alloys, are employed to reduce weight without compromising structural integrity. EV battery housing is not merely a functional component but also a design element that influences the exterior appearance of electric vehicles. Manufacturers are investing in innovative and visually appealing designs that contribute to the overall attractiveness of electric vehicles, helping to overcome traditional perceptions of electric cars as utilitarian.
Japan is home to some of the world's leading automotive manufacturers, including Toyota, Nissan, and Honda. Japan is known for its expertise in battery chemistry. The country has been at the forefront of developing lithium-ion battery technologies widely used in electric vehicles. Japan places a significant emphasis on energy storage solutions, not only for electric vehicles but also for broader applications. The interest in grid storage and other energy-related technologies contributes to advancements in battery technology in Japan, with implications for EV battery housing design and functionality. Thus, due to these aspects, the market will expand across the Asia Pacific region in upcoming years.
The China market dominated the Asia Pacific Electric Vehicle (EV) Battery Housing Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,417.4 Million by 2030. The Japan market is registering a CAGR of 12.7% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 14.3% during (2023 - 2030).
Free Valuable Insights: The Global Electric Vehicle (EV) Battery Housing Market is Predict to reach $24.3 Billion by 2030, at a CAGR of 13.2%
Based on Vehicle Type, the market is segmented into Passenger Car and Commercial Car. Based on Material, the market is segmented into Aluminium, Steel and Others (Carbon Fibre & Carbon Glass). Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Magna International, Inc.
- Proterial, Ltd.
- Saudi Basic Industries Corporation (SABIC)
- Lanxess AG
- Evonik Industries AG
- Covestro AG
- Teijin Limited
- thyssenkrupp AG
- SGL Carbon SE
- Constellium SE
Asia Pacific Electric Vehicle (EV) Battery Housing Market Report Segmentation
By Vehicle Type
- Passenger Car
- Commercial Car
By Material
- Aluminium
- Steel
- Others (Carbon Fibre & Carbon Glass)
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Taiwan
- Rest of Asia Pacific
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Electric Vehicle (EV) Battery Housing Market, by Vehicle Type
1.4.2 Asia Pacific Electric Vehicle (EV) Battery Housing Market, by Material
1.4.3 Asia Pacific Electric Vehicle (EV) Battery Housing Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. Asia Pacific Electric Vehicle (EV) Battery Housing Market by Vehicle Type
4.1 Asia Pacific Passenger Car Market by Country
4.2 Asia Pacific Commercial Car Market by Country
Chapter 5. Asia Pacific Electric Vehicle (EV) Battery Housing Market by Material
5.1 Asia Pacific Aluminium Market by Country
5.2 Asia Pacific Steel Market by Country
5.3 Asia Pacific Others (Carbon Fibre & Carbon Glass) Market by Country
Chapter 6. Asia Pacific Electric Vehicle (EV) Battery Housing Market by Country
6.1 China Electric Vehicle (EV) Battery Housing Market
6.1.1 China Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.1.2 China Electric Vehicle (EV) Battery Housing Market by Material
6.2 Japan Electric Vehicle (EV) Battery Housing Market
6.2.1 Japan Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.2.2 Japan Electric Vehicle (EV) Battery Housing Market by Material
6.3 India Electric Vehicle (EV) Battery Housing Market
6.3.1 India Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.3.2 India Electric Vehicle (EV) Battery Housing Market by Material
6.4 South Korea Electric Vehicle (EV) Battery Housing Market
6.4.1 South Korea Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.4.2 South Korea Electric Vehicle (EV) Battery Housing Market by Material
6.5 Singapore Electric Vehicle (EV) Battery Housing Market
6.5.1 Singapore Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.5.2 Singapore Electric Vehicle (EV) Battery Housing Market by Material
6.6 Taiwan Electric Vehicle (EV) Battery Housing Market
6.6.1 Taiwan Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.6.2 Taiwan Electric Vehicle (EV) Battery Housing Market by Material
6.7 Rest of Asia Pacific Electric Vehicle (EV) Battery Housing Market
6.7.1 Rest of Asia Pacific Electric Vehicle (EV) Battery Housing Market by Vehicle Type
6.7.2 Rest of Asia Pacific Electric Vehicle (EV) Battery Housing Market by Material
Chapter 7. Company Profiles
7.1 Magna International, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Geographical Expansions:
7.1.6 SWOT Analysis
7.2 Proterial, Ltd.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 SWOT Analysis
7.3 SABIC (Saudi Arabian Oil Company)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 SWOT Analysis
7.4 Lanxess AG
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.4.6 SWOT Analysis
7.5 Evonik Industries AG (RAG-Stiftung)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.5.6 SWOT Analysis
7.6 Covestro AG
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 SWOT Analysis
7.7 Teijin Limited
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 Recent strategies and developments:
7.7.5.1 Product Launches and Product Expansions:
7.7.6 SWOT Analysis
7.8 thyssenkrupp AG
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 SWOT Analysis
7.9 SGL Carbon SE
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis
7.10. Constellium SE
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 SWOT Analysis
TABLE 1 Asia Pacific Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 5 Asia Pacific Passenger Car Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Passenger Car Market by Country, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Commercial Car Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Commercial Car Market by Country, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Aluminium Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Aluminium Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Steel Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Steel Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Others (Carbon Fibre & Carbon Glass) Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Others (Carbon Fibre & Carbon Glass) Market by Country, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Electric Vehicle (EV) Battery Housing Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Electric Vehicle (EV) Battery Housing Market by Country, 2023 - 2030, USD Million
TABLE 19 China Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 20 China Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 21 China Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 22 China Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 23 China Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 24 China Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 25 Japan Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 26 Japan Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 27 Japan Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 28 Japan Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 29 Japan Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 30 Japan Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 31 India Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 32 India Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 33 India Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 34 India Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 35 India Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 36 India Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 37 South Korea Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 38 South Korea Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 39 South Korea Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 40 South Korea Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 41 South Korea Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 42 South Korea Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 43 Singapore Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 44 Singapore Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 45 Singapore Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 46 Singapore Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 47 Singapore Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 48 Singapore Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 49 Taiwan Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 50 Taiwan Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 51 Taiwan Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 52 Taiwan Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 53 Taiwan Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 54 Taiwan Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 55 Rest of Asia Pacific Electric Vehicle (EV) Battery Housing Market, 2019 - 2022, USD Million
TABLE 56 Rest of Asia Pacific Electric Vehicle (EV) Battery Housing Market, 2023 - 2030, USD Million
TABLE 57 Rest of Asia Pacific Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 58 Rest of Asia Pacific Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 59 Rest of Asia Pacific Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2022, USD Million
TABLE 60 Rest of Asia Pacific Electric Vehicle (EV) Battery Housing Market by Material, 2023 - 2030, USD Million
TABLE 61 Key Information – Magna International, Inc.
TABLE 62 Key Information – Proterial, Ltd.
TABLE 63 Key Information – SABIC
TABLE 64 key Information – Lanxess AG
TABLE 65 Key Information – Evonik Industries AG
TABLE 66 key information – Covestro AG
TABLE 67 Key Information – Teijin Limited
TABLE 68 Key Information – thyssenkrupp AG
TABLE 69 Key Information – SGL Carbon SE
TABLE 70 Key Information – Constellium SE
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Electric Vehicle (EV) Battery Housing Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Electric Vehicle (EV) Battery Housing Market
FIG 4 Porter’s Five Forces Analysis - Electric Vehicle (EV) Battery Housing Market
FIG 5 Asia Pacific Electric Vehicle (EV) Battery Housing Market share by Vehicle Type, 2022
FIG 6 Asia Pacific Electric Vehicle (EV) Battery Housing Market share by Vehicle Type, 2030
FIG 7 Asia Pacific Electric Vehicle (EV) Battery Housing Market by Vehicle Type, 2019 - 2030, USD Million
FIG 8 Asia Pacific Electric Vehicle (EV) Battery Housing Market share by Material, 2022
FIG 9 Asia Pacific Electric Vehicle (EV) Battery Housing Market share by Material, 2030
FIG 10 Asia Pacific Electric Vehicle (EV) Battery Housing Market by Material, 2019 - 2030, USD Million
FIG 11 Asia Pacific Electric Vehicle (EV) Battery Housing Market share by Country, 2022
FIG 12 Asia Pacific Electric Vehicle (EV) Battery Housing Market share by Country, 2030
FIG 13 Asia Pacific Electric Vehicle (EV) Battery Housing Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Magna International, Inc.
FIG 15 SWOT Analysis: Proterial, Ltd.
FIG 16 SWOT Analysis: SABIC
FIG 17 SWOT Analysis: Lanxess AG
FIG 18 SWOT Analysis: Evonik Industries AG
FIG 19 SWOT Analysis: Covestro AG
FIG 20 SWOT Analysis: Teijin Limited
FIG 21 SWOT Analysis: thyssenkrupp AG
FIG 22 SWOT Analysis: SGL Carbon SE
FIG 23 SWOT Analysis: Constellium SE